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RELATED PARTY TRANSACTIONS
 3 Months Ended
Mar. 26, 2022
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

14. RELATED PARTY TRANSACTIONS

 

The Company may from time to time enter into agreements with stockholders, affiliates and other companies engaged in certain aspects of the display, electronics, optical and software industries as part of our business strategy. In addition, the wearable computing product market is relatively new and there may be other technologies the Company needs to purchase from affiliates to enhance its product offering.

 

During the three-month periods ended March 26, 2022 and March 27, 2021, the Company had the following transactions with related parties:

 

   Three months ended   Three months ended 
   March 26, 2022   March 27, 2021 
   Sales   Purchases   Sales   Purchases 
RealWear, Inc.  $624,216   $—   $1,323,885   $— 

 

At March 26, 2022 and December 25, 2021, the Company had the following receivables and contract assets with related parties:

 

   March 26, 2022   December 25, 2021 
   Receivables   Contract assets   Receivables   Contract assets 
RealWear, Inc.  $628,923   $—   $306,307   $—